income tax consultant services

What Services Provide an Income Tax Consultant in India

What Services Provide an Income Tax Consultant in India? Income tax is an important financial requirement for individuals and businesses in India. However, dealing with complex tax regulations, deductions, exemptions, and compliance may be difficult. This is when income tax advisors come into play. The professionals help individuals and businesses ensure tax efficiency, minimize liabilities, […]

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Understanding the Tax Exemption Limit of ₹12 Lakh in the Union Budget 2025

Understanding the Tax Exemption Limit of ₹12 Lakh in the Union Budget 2025 In the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced significant tax relief for middle-class taxpayers. Under the new tax regime, individuals with annual earnings up to ₹12 lakh are exempt from income tax. For salaried taxpayers, this exemption extends to ₹12.75

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Payroll and Compliance

Understanding Payroll Compliance: How to Avoid Fines Payroll compliance is an important part of business since it guarantees that organizations follow labor laws, tax rules, and employee compensation standards. Failure to conform might result in legal consequences, restrictions, and reputational harm.  If payroll tax compliance is ignored, businesses can face costly penalties and legal trouble.

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Section 145 of Income Tax Act 1961

Section 145 of Income Tax Act 1961

The Role of Section 145 of Income Tax Act 1961 Ever questioned how businesses and professionals are required to keep their books of account for tax purposes? The Income Tax Act of India provides a structured method under Section 145 of the Income Tax Act 1961 to ensure transparency and consistency in accounting methods. In this article, we’ll look at Section 145 of the Income Tax Act, its sections, and how

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What is the Time Limit for GST Audit Under Section 65

What is the Time Limit for GST Audit Under Section 65? | Key Insights & Guidelines

Understanding GST Audit and Its Importance The Goods and Services Tax (GST) system plays a crucial role in ensuring a seamless tax structure for businesses across India. One of the key elements of this system is the GST audit, which helps verify the correctness of a business’s tax records. Under Section 65 of the CGST

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